Africa’s art scene may be booming, but it’s still a blip on the global market
Reading Time: 2 minutesFor all the excitement around African contemporary art, the continent still accounts for a fraction of the global art market. Last year, the sales in the global art market reached a total of $63.7 billion—a 12% increase on the previous year, according to the 2018 Art Market report published last week. Compiled by Art Basel and UBS Bank, the report relies on auction sales data and dealer surveys.
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